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Author Question: According to the expenditures approach, gross domestic product represents the sum of consumption ... (Read 37 times)

ereecah

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on: Jun 30, 2018
According to the expenditures approach, gross domestic product represents the sum of consumption spending, government spending, net exports, and net investment.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The value added approach involves adding up the value of the final product and the value of intermediate goods used in the production process.
 a. True
  b. False
  Indicate whether the statement is true or false


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enass

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


ereecah

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Reply 2 on: Jun 30, 2018
Gracias!

covalentbond

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Reply 3 on: Yesterday
Wow, this really help

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